By HTN staff writers – 9.21.2024
This week in hotel technology saw a focus on sustainability, AI-powered solutions, and strategic partnerships designed to enhance the guest experience and streamline operations. Here’s a recap of the top stories:
-
Airzone Integrates Inverter HVAC with Bodhi Building Operating Platform: Airzone Control partnered with Bodhi to integrate its intelligent HVAC control solutions with the Bodhi building operating platform. This integration will allow for automated HVAC control based on guest presence, improving energy efficiency and enhancing guest comfort.
-
SiteMinder Partners with IDeaS to Make Dynamic Revenue Management Accessible to All Hotels: SiteMinder unveiled Dynamic Revenue Plus, a new revenue management solution that combines live market intelligence with actionable insights. The platform, powered by data from SiteMinder’s platform and enhanced with dynamic pricing recommendations from IDeaS, aims to make sophisticated revenue management accessible to hotels of all sizes.
-
Hotel Engine Achieves $2.1B Valuation With $140M Permira Investment: Hotel Engine, a travel technology company focused on simplifying business travel, secured a $140 million Series C funding round led by Permira. The company will use the funding to expand its platform to include flight and rental car bookings and will rebrand as “Engine” to reflect its
-
Cogwheel Analytics Unveils Benchmarking Scorecard to Help Hotels Assess their Digital Marketing Performance: Cogwheel Analytics introduced its Benchmarking Scorecard, an enterprise tool that allows hotels to compare their digital marketing performance against key performance indicators of similar hotels. This data-driven approach aims to empower hotels to make informed decisions and optimize their marketing strategies.
-
Event Temple Unveils New Guest Portal to Improve the Event Management Process: Event Temple launched its new Guest Portal, a centralized hub for event booking details and resources. The portal aims to streamline communication between hotels and their guests, simplify payments and signatures, and enhance the overall event planning experience.
-
Lighthouse Launches Smart Compset, Enhancing Competitive Intelligence for Hoteliers: Lighthouse (formerly OTA Insight) launched Smart Compset, an AI-powered feature within its Benchmark Insight solution. Smart Compset generates anonymized and aggregated competitive sets, providing hoteliers with forward-looking ADR and RevPAR data to inform their pricing and revenue strategies.
-
APAC Travelers Seek Personalization, Revealing Untapped Revenue Potential: Agilysys released a study highlighting the growing demand for personalized experiences among APAC travelers. The study found that travelers are willing to spend more for tailored offerings, suggesting significant revenue opportunities for hotels that can effectively leverage data and technology to personalize the guest journey.
-
RoomPriceGenie Launches Free Revenue Management Content Library to Empower Independent Hoteliers: RoomPriceGenie launched a free online Revenue Management Content Library, providing independent hotels with resources and tools to enhance their revenue management strategies. This initiative aims to democratize access to revenue management knowledge and empower smaller hotels to compete more effectively.
This week’s news highlights the ongoing innovation and evolution within the hotel technology landscape. As the industry continues to adapt to changing traveler expectations, technology is playing a crucial role in driving efficiency, enhancing guest experiences, and shaping the future of hospitality.